Share Certificate Rates
Effective February 1, 2012 until further notice, the following dividend rates and corresponding Annual Percentage Yields (APY) apply for the following share certificate terms: (Dividends are compounded quarterly) |
Term |
Rate |
Annual
Percentage
Yield |
| 3 month |
0.50% |
0.50% |
| 6 month |
0.60% |
0.60% |
| 12 month |
0.70% |
0.70% |
| 18 month |
0.80% |
0.80% |
| 24 month |
0.90% |
0.90% |
| ****Share Certificates require a minimum of $1,000**** Rates are subject to change at any given time. |
Share Accounts
As of the last dividend declaration date, December 21, 2011, the dividend rate for regular share accounts was .40% with an APY of .40%. Dividends are compounded quarterly. Dividend rates for each quarter will be determined during the last month of the quarter, in which case rate could be lower. |
| Share Type |
Effective Date |
Rate |
APY |
|
| Share Draft $1,000 or more |
February 1, 2012 - February 29, 2012 |
0.25% |
0.25% |
| Share Draft Less than $1,000 |
February 1, 2012 - February 29, 2012 |
0.15% |
0.15% |
| Christmas Club |
February 1, 2012 - February 29, 2012 |
0.15% |
0.15% |
|
| Please note that all rates are subject to change at any given time. Dividends compounded monthly. |
Individual Retirement Accounts (IRA's)
Traditional or Roth
Effective January 1, 2012 thru First (1st) Quarter of 2012.
Rates are subject to change before the end of the quarter. |
Balance Requirement |
Rate |
Annual
Percentage
Yield |
| $25 - $20,000 |
1.00% |
1.00% |
| $20,001 - $75,000 |
1.10% |
1.10% |
| $75,001 & UP |
1.25% |
1.25% |
Coverdell Educational IRA
Effective January 1, 2012 thru First (1st) Quarter of 2012.. Rates are subject to change before the end of the quarter. |
Balance Requirement |
Rate |
Annual
Percentage
Yield |
| $25 & UP |
2.95% |
2.98% |
Click here for the compound interest calculator or click here for the APR calculator. |
